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Challenger FM Balanced Wholesale Fund - Managed Fund (Closed)

Fund Objective
To provide capital growth over the medium- to long-term (at least five years) with some income, and to provide returns above the benchmark indices for the neutral position asset allocation over rolling three year periods.
Fund Strategy
Invests in a balanced range of capital growth assets, such as Australian and international equities, and property, and income producing assets such as fixed interest and cash. Asset allocation ranges (with benchmarks in brackets): Australian equities 25-45% (35%), international equities 10-30% (20%), Australian property 5-20% (10%), Australian fixed interest 5-30% (20%), international fixed interest 0-20% (5%), the balance is cash and deposits (10%).

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 2.56% 3.57% 4.18% 12.66% 13.43% 7.71% 3.85% -%
Growth return 2.56% 3.57% 4.18% 10.92% 10.85% 4.87% -0.87% -%
Income return 0% 0% 0% 1.74% 2.58% 2.84% 4.72% -%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
Total return -4.57% -2.61% -1.66% 8.89% 7.12% 9.47% 6.78% 7.89%
As at 30 Jun 2005. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Challenger FM Balanced Wholesale Fund
Australian Equities
40.45%
International Equities
19.98%
Cash
5.57%
Property & Infrastructure
12.24%
Fixed Interest
21.77%
Alternatives
0%
Average Allocation of Peers
Australian Equities
28.05%
International Equities
34.78%
Cash
5.01%
Property & Infrastructure
6.11%
Fixed Interest
20.74%
Alternatives
5.30%

General Information

Fund Details
Type Description
Challenger FM Balanced Wholesale Fund (Wholesale)
Closed
HSBC Asset Management (Australia) Ltd
HBC0025AU
Multisector Growth
Not Rated
Investment Fund
7 Dec 1998
$8.15 million (as at 31 Jul 2005)
$0.9442 (as at 1 Aug 2005)
$0.9404 (as at 1 Aug 2005)
Finalised
Offer information
Type Description
MER 1.17% (as at 30 Jun 2005)
Minimum initial investment $50,000
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FAQs about the Challenger FM Balanced Wholesale Fund

The objective of the Challenger FM Balanced Wholesale Fund managed fund is To provide capital growth over the medium- to long-term (at least five years) with some income, and to provide returns above the benchmark indices for the neutral position asset allocation over rolling three year periods.

The strategy of the Challenger FM Balanced Wholesale Fund managed fund is Invests in a balanced range of capital growth assets, such as Australian and international equities, and property, and income producing assets such as fixed interest and cash. Asset allocation ranges (with benchmarks in brackets): Australian equities 25-45% (35%), international equities 10-30% (20%), Australian property 5-20% (10%), Australian fixed interest 5-30% (20%), international fixed interest 0-20% (5%), the balance is cash and deposits (10%).

The APIR code of the Challenger FM Balanced Wholesale Fund managed fund is HBC0025AU.

Challenger FM Balanced Wholesale Fund’s total return last month was 2.56%. This was made up of a growth return of 2.56% and an income return of 0%. These returns were calculated as at 30 Jun 2005.

Challenger FM Balanced Wholesale Fund’s total return for the last three months was 3.57%. This was made up of a growth return of 3.57% and an income return of 0%%. These returns were calculated as at 30 Jun 2005.

Challenger FM Balanced Wholesale Fund’s one-year total return is 12.66%. This was made up of a growth return of 10.92% and an income return of 1.74%. These returns were calculated as at 30 Jun 2005.

Challenger FM Balanced Wholesale Fund’s one-year total return is 7.71%. This was made up of a growth return of 4.87% and an income return of 2.84%. These returns were calculated as at 30 Jun 2005.

The asset allocation of the Challenger FM Balanced Wholesale Fund managed fund is :

Australian Equities
40.45%
International Equities
19.98%
Cash
5.57%
Property & Infrastructure
12.24%
Fixed Interest
21.77%
Alternatives
0%

The Responsible Entity for the Challenger FM Balanced Wholesale Fund managed fund is HSBC Asset Management (Australia) Ltd.

The Challenger FM Balanced Wholesale Fund managed fund belongs to the Multisector Growth sector/asset class.

As at 31 Jul 2005, the size of the Challenger FM Balanced Wholesale Fund managed fund was $8.15 million.

The Challenger FM Balanced Wholesale Fund managed fund has an inception date of 7 Dec 1998.

The current entry price of the Challenger FM Balanced Wholesale Fund managed fund is $0.9442 per unit and the current exit price is $0.9404 per unit (as at 1 Aug 2005).

The current exit price of the Challenger FM Balanced Wholesale Fund managed fund is $0.9404 per unit and the current entry price is $0.9442 per unit (as at 1 Aug 2005).

The minimum initial investment amount for the Challenger FM Balanced Wholesale Fund managed fund is $50,000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.